City Centre Niche Barber Investment Let Until 2031 Passing £12,000p.a.x. | Fully Renovated Unit | Rates Exempt | o/o £100,000

 

Summary

  • City Centre Location
  • High Volumes OF Passing Traffic
  • Ground Floor
  • Rates Exempt
  • Let to Well Established Barber Operator
  • Expiry: 29th March 2031
  • Passing: £12,000p.a.x
  • Sale: o/o £100,000

Location

The property is located on the east side of Stockwell Street, close to Bridgegate in Glasgow’s city centre.
The unit is well placed for easy access across the city, with a number of bus services operating nearby as well as
close proximity to Argyle Street train station.

The city centre is within walking distance and there are also a number of car parks available locally at St Enoch’s Shopping Centre, Howard Street and Dunlop Street.

Get directions from Google Maps

Further Information

Price Offers in excess of £100,000

Rates Payable SBBS

Service Charge n/a

Estate Charge n/a


Description

The property comprises a ground floor commercial premises forming part of a larger four-storey tenement building of sandstone construction. The property benefits from large display windows, high ceiling and laminated flooring. To the rear of the unit there are toilet and storage facilities.

Area

Ground: 36.74sqm (395sq ft)

Lease Summary

The property is let to Precision Intents Ltd (a well established Glasgow city niche barber) expiring 29th March 2031 at a passing rent of £12,000p.a.x. The tenant has an option to determine on 30th March 2029. The vendor holds a rent deposit of £2,400 (including VAT)